Sec Form 4 Filing - MORETTI MONICA @ FULLER H B CO - 2008-03-07

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MORETTI MONICA
2. Issuer Name and Ticker or Trading Symbol
FULLER H B CO [ FUL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP and Chief Marketing Officer
(Last) (First) (Middle)
1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683
3. Date of Earliest Transaction (MM/DD/YY)
03/07/2008
(Street)
ST. PAUL, MN55164-0683
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 1,820.44 ( 1 ) I By 401(k) Plan
Common Stock 12,216.93 ( 2 ) ( 3 ) D
Common Stock 03/07/2008 M 5,082 A $ 13.65 17,298.93 D
Common Stock 03/07/2008 M 5,352 A $ 14.49 22,650.93 D
Common Stock 03/07/2008 M 8,388 A $ 16.015 31,038.93 D
Common Stock 03/07/2008 S 8,100 D $ 20.43 22,938.93 D
Common Stock 03/07/2008 S 10,722 D $ 20.42 12,216.93 D
Common Stock 03/07/2008 D 10,658.93 D $ 0 1,558 ( 2 ) ( 3 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right-to-Buy) $ 13.65 03/07/2008 M 5,082 ( 4 ) 12/03/2013 Common Stock 5,082 $ 0 0 D
Employee Stock Option (Right-to-Buy) $ 14.49 03/07/2008 M 5,352 ( 5 ) 12/02/2014 Common Stock 5,352 $ 0 1,784 D
Employee Stock Option (Right-to-Buy) $ 16.015 03/07/2008 M 8,388 ( 6 ) 12/01/2015 Common Stock 8,388 $ 0 8,388 D
Employee Stock Option (Right-to-Buy) $ 26.79 ( 7 ) 12/04/2016 Common Stock 9,646 9,646 D
Employee Stock Option (Right-to-Buy) $ 26.65 ( 8 ) 12/06/2017 Common Stock 14,200 14,200 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MORETTI MONICA
1200 WILLOW LAKE BOULEVARD
P.O. BOX 64683
ST. PAUL, MN55164-0683
VP and Chief Marketing Officer
Signatures
/s/ Debra L. Hovland, Attorney-in-Fact 03/11/2008
Signature of Reporting Person Date
Explanation of Responses:
( 1 )401(k) Plan: This amount includes shares and dividends acquired during the fiscal year pursuant to the H.B. Fuller Company Thrift Plan.
( 2 )2000 Stock Incentive Plan: 4,444 restricted shares were awarded pursuant to H.B. Fuller Company's 2000 Stock Incentive Plan. This amount includes 388 restricted shares that vest effective April 15, 2008 and 4,056 restricted shares that vest effective December 1, 2008. Total amount also includes restricted shares acquired pursuant to a dividend accrual feature of the 2000 Stock Incentive Plan. All above restricted shares were forfeited upon termination of employment.
( 3 )Amended and Restated 2000 Stock Incentive Plan: 6,056 restricted shares were awarded pursuant to H.B. Fuller Company's Amended and Restated 2000 Stock Incentive Plan. This amount includes 2,499 restricted shares that vest effective December 4, 2009 and 3,557 restricted shares that vest effective December 6, 2010. Amount also includes restricted shares acquired pursuant to a dividend accrual feature of the Amended and Restated 2000 Stock Incentive Plan. All above restricted shares were forfeited upon termination of employment.
( 4 )2000 Stock Incentive Plan: This option vests in four equal annual installments beginning on December 3, 2004.
( 5 )2000 Stock Incentive Plan: This option vests in four equal annual installments beginning on December 2, 2005.
( 6 )2000 Stock Incentive Plan: This option vests in four equal annual installments beginning on December 1, 2006.
( 7 )Amended and Restated 2000 Stock Incentive Plan: This option vests in four equal annual installments beginning on December 4, 2007.
( 8 )Amended and Restated 2000 Stock Incentive Plan: This option vests in four equal annual installments beginning on December 6, 2008.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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